Formula One Group with ticker code (FWONK) have now 8 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $115.00 and $80.00 calculating the average target price we see $90.88. Now with the previous closing price of $68.10 this would imply there is now a potential upside of 33.5%. It’s also worth noting that there is a 50 day moving average of $68.51 and the 200 day MA is $67.11. The market capitalization for the company is 15.96B. The stock price for the company is currently $68.87 USD
The potential market cap would be $21,292,687,627 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 111.08, revenue per share of $13.77 and a 1.74% return on assets.
Liberty Media Corporation operates and owns interests in a range of media, communications and entertainment businesses. The Company’s businesses are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Braves Group and the Formula One Group. The Company operates through two segments. Sirius XM Holdings segment operates two complementary audio entertainment businesses, Sirius XM and Pandora and Off-platform. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic and weather channels and other content, as well as podcasts and infotainment services, in the U.S. on a subscription fee basis. The Pandora and Off-platform business operates a music, comedy and podcast streaming platform. Formula 1 segment is a global motorsports business that holds commercial rights with respect to the World Championship, an annual, approximately nine-month long, motor race-based competition.
